Crypto Billionaire Justin Sun’s Tron to Go Public in U.S.
Tron is set to go public on Nasdaq through a reverse merger, a deal brokered by an investment bank tied to Trump’s sons.
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Tencent Not Considering Nexon Acquisition
While Tencent continues to make smaller investments in game companies, its current spending priority is around AI-related investments.
Amazon to Spend $13 Billion on Australia AI Data Centers
The investment underscores the AI era’s increasing globalization.
Wojcicki Scores Surprise Triumph in 23andMe Sale
Anne Wojcicki, the company’s ex-CEO, had already tried several times to purchase 23andMe.
Waymo Suspends Robotaxi Service in Los Angeles Due to Protests
The company also restricted service in parts of San Francisco
Google Reportedly Plans to Cut Ties with Scale AI After Meta Deal
The decision, while not surprising, would still result in a blow to Scale’s business.
23andMe Founder Wojcicki Agrees to Pay $305 Million to Buy Bankrupt Business
Wojcicki outbids Regeneron, a pharmaceutical company that agreed to buy 23andMe’s assets last month.
Meta, OpenAI, Palantir Tech Execs to Advise U.S. Army on Technology
Three prominent tech executives are joining a new U.S. Army innovation corps to help the military upgrade its technology.
Waymo Rides Cost More Than Uber and Lyft, Report Finds
The robotaxi company hired Lyft’s Head of Pricing earlier this year
Walmart, Amazon Explore Issuing Stablecoins
The companies are exploring using stablecoins to circumvent traditional payment systems.
U.S. says China’s Huawei Has Limited AI Chip Output in 2025
Huawei, China’s leading supplier of AI chips, is grappling with U.S. export restrictions on key chip manufacturing equipment.
Meta Finalizes $14.3 Billion Deal with Scale AI
Scale CEO Alexandr Wang will join Meta to work on its superintelligence efforts.
Databricks Expects to Hit $3.7 Billion in Annualized Revenue Next Month
Databricks, which sells tools that companies can use to store business data and build AI applications, is seeing steady sales growth as more firms adopt AI.
AWS Aims to Jump-Start AI Agents Business By Revamping Key Cloud Service
The cloud leader feels it needs to catch up to Google and Microsoft.
Nvidia CEO Thinks Other AI Chip Efforts Will Get Canceled
He reiterated that building chips for AI is quite difficult.
SpaceX Begins Work on Second Launch Site for Starship
The second site is necessary for SpaceX to eventually achieve the frequency of launches it has so far demonstrated with its workhorse Falcon 9
Google Cloud Experiences Major Outage
Google Cloud on Thursday experienced a major outage that impacted several services globally, according to a Google website tracking the status of its products.
Tesla Sues Former Optimus Engineer, Alleging Trade Secret Theft
Elon Musk has bet the company’s future on two major artificial intelligence projects: humanoid robots and driverless cars.
Musk Asks Court to Dismiss OpenAI’s Countersuit, Again
Musk’s lawyers argue his bid for OpenAI’s assets was relevant to the ongoing lawsuit.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy